Heartland Black Chamber Of Commerce Inc
Heartland Black Chamber Of Commerce Inc operates with fluctuating revenues and expenses, consistently reporting 0% officer compensation.
EIN: 201784856 · Kansas City, KS · NTEE: J03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $593K |
| Total Expenses | $151K |
| Program Spending | 80% |
| Net Assets | $45K |
| Transparency Score | 75/100 |
Is Heartland Black Chamber Of Commerce Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartland Black Chamber Of Commerce Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartland Black Chamber Of Commerce Inc
Heartland Black Chamber Of Commerce Inc (EIN: 201784856) is a nonprofit organization based in Kansas City, KS, classified under NTEE code J03. The organization reported total revenue of $593K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Black Chamber Of Commerce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Black Chamber Of Commerce Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $151K |
| Surplus / Deficit | +$3K |
| Total Assets | $43K |
| Net Assets | $45K |
| Operating Margin | 1.9% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Heartland Black Chamber Of Commerce Inc reported a surplus of $3K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), Heartland Black Chamber Of Commerce Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -33.4% | +7.2% |
| 2022 | -62.2% | -39.6% | -61.2% |
| 2021 | +391.6% | +339.8% | +150.0% |
| 2020 | +25.4% | +21.5% | +7.1% |
| 2019 | +9.5% | +21.4% | -15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heartland Black Chamber Of Commerce Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Heartland Black Chamber Of Commerce Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer categories, which is a strong positive for resource allocation to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Heartland Black Chamber Of Commerce Inc's IRS 990 filings:
- Inconsistent revenue streams with significant year-over-year fluctuations.
- Periods of net losses where expenses exceeded revenue, such as in 2022.
- Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis challenging.
Strengths
The following positive indicators were identified for Heartland Black Chamber Of Commerce Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Positive net assets in most years, despite fluctuations in revenue and expenses.
- Demonstrated ability to generate significant revenue in certain periods, like $432,658 in 2021.
Frequently Asked Questions about Heartland Black Chamber Of Commerce Inc
Is Heartland Black Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland Black Chamber Of Commerce Inc (EIN: 201784856) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Heartland Black Chamber Of Commerce Inc spend its money?
Heartland Black Chamber Of Commerce Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heartland Black Chamber Of Commerce Inc tax-deductible?
Heartland Black Chamber Of Commerce Inc is registered as a tax-exempt nonprofit (EIN: 201784856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Heartland Black Chamber Of Commerce Inc's spending goes to programs?
Heartland Black Chamber Of Commerce Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heartland Black Chamber Of Commerce Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Heartland Black Chamber Of Commerce Inc is above average for NTEE category J03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heartland Black Chamber Of Commerce Inc located?
Heartland Black Chamber Of Commerce Inc is headquartered in Kansas City, Kansas and files with the IRS under EIN 201784856. It is classified under NTEE code J03.
How many years of IRS 990 filings does Heartland Black Chamber Of Commerce Inc have?
Heartland Black Chamber Of Commerce Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $593K in total revenue.
Is Heartland Black Chamber Of Commerce Inc a good charity?
Based on the available data, the organization consistently reports 0% officer compensation, which is a strong positive for a nonprofit. However, without detailed functional expense breakdowns (program, admin, fundraising), a full assessment of spending efficiency is difficult. Its financial stability shows some fluctuations, with periods of net losses and gains.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly, with a peak of $432,658 in 2021, followed by a decline to $163,365 in 2022 and $153,883 in 2023. Earlier years generally saw revenues below $120,000, indicating inconsistent funding streams.
How does the organization manage its expenses relative to revenue?
Expenses often closely track revenue, sometimes exceeding it, as seen in 2022 where expenses ($226,645) were higher than revenue ($163,365). In other years, like 2023, expenses ($150,975) were slightly below revenue ($153,883), resulting in a small surplus.
What is the significance of 0% officer compensation?
0% officer compensation across all filings suggests that the organization's leadership is either volunteer-based or compensated through means not classified as officer compensation, which can free up more resources for program delivery and indicates a strong commitment to the mission.
Filing History
IRS 990 filing history for Heartland Black Chamber Of Commerce Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Heartland Black Chamber Of Commerce Inc's revenue has grown by 119.4%, moving from $70K to $154K. Total assets increased by 124.1% over the same period, from $19K to $43K. Total functional expenses rose by 183%, from $53K to $151K. In its most recent filing year (2023), Heartland Black Chamber Of Commerce Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $151K | $43K | $-2,219 | — | View 990 |
| 2022 | $163K | $227K | $40K | $18K | — | View 990 |
| 2021 | $433K | $375K | $103K | $18K | — | View 990 |
| 2020 | $88K | $85K | $41K | $21K | — | — |
| 2019 | $70K | $70K | $39K | $21K | — | View 990 |
| 2018 | $64K | $58K | $46K | $28K | — | View 990 |
| 2017 | $93K | $88K | $42K | $31K | — | View 990 |
| 2016 | $95K | $87K | $31K | $0 | — | View 990 |
| 2015 | $115K | $115K | $22K | $703 | — | View 990 |
| 2014 | $119K | $113K | $23K | $2K | — | View 990 |
| 2013 | $63K | $62K | $20K | $4K | — | View 990 |
| 2012 | $70K | $53K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $151K, and assets of $43K (revenue -5.8% year-over-year).
- 2022: Revenue of $163K, expenses of $227K, and assets of $40K (revenue -62.2% year-over-year).
- 2021: Revenue of $433K, expenses of $375K, and assets of $103K (revenue +391.6% year-over-year).
- 2020: Revenue of $88K, expenses of $85K, and assets of $41K (revenue +25.4% year-over-year).
- 2019: Revenue of $70K, expenses of $70K, and assets of $39K (revenue +9.5% year-over-year).
- 2018: Revenue of $64K, expenses of $58K, and assets of $46K (revenue -31.1% year-over-year).
- 2017: Revenue of $93K, expenses of $88K, and assets of $42K (revenue -1.8% year-over-year).
- 2016: Revenue of $95K, expenses of $87K, and assets of $31K (revenue -17.6% year-over-year).
- 2015: Revenue of $115K, expenses of $115K, and assets of $22K (revenue -3.2% year-over-year).
- 2014: Revenue of $119K, expenses of $113K, and assets of $23K (revenue +87.2% year-over-year).
- 2013: Revenue of $63K, expenses of $62K, and assets of $20K (revenue -9.6% year-over-year).
- 2012: Revenue of $70K, expenses of $53K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Black Chamber Of Commerce Inc:
Data Sources and Methodology
This transparency report for Heartland Black Chamber Of Commerce Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.